Expert Briefing on Biotech Stocks -- Nanosphere, Vanda Pharma, Synta Pharma, Halozyme Therapeutics, and Isis Pharma Editor Note: For more information about this release, please scroll to bottom.
LONDON, August 14, 2014 /PRNewswire/ --
On Wednesday, August 13, 2014, the NASDAQ Composite ended at 4,434.13, up 1.02%, the Dow Jones Industrial Average finished the day 0.55% higher at 16,651.80, and the S&P 500 closed at 1,946.72, up 0.67%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 707.08, up 1.15%, with the index also advancing 4.55% in the previous three months. Investor-Edge has initiated coverage on the following equities: Nanosphere Inc. (NASDAQ: NSPH), Vanda Pharmaceuticals Inc. (NASDAQ: VNDA), Synta Pharmaceuticals Corporation (NASDAQ: SNTA), Halozyme Therapeutics Inc. (NASDAQ: HALO), and Isis Pharmaceuticals Inc. (NASDAQ: ISIS). Free research on these five companies can be accessed at:
On Wednesday, shares in Nanosphere Inc. recorded a trading volume of 0.92 million shares, lower than its three months average volume of 1.10 million shares. The stock edged 0.22% higher, to end the day at $0.96, and registered an intraday range of $.0.94 and $0.99. Although Nanosphere Inc.'s shares have surged 7.88% in the previous three trading sessions, it has plummeted 35.56% in the last three months and 58.07% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $1.39 and $1.93, respectively. Furthermore, shares of Nanosphere Inc. have a Relative Strength Index (RSI) of 27.89. Sign up and read the free notes on NSPH at:
Vanda Pharmaceuticals Inc.'s stock gained 2.72%, to close Wednesday's session at $13.22, after oscillating between $12.77 and $13.29. The stock recorded a trading volume of 0.62 million shares, below its three months average volume of 0.76 million shares. Over the last three trading sessions and previous three months, Vanda Pharmaceuticals Inc.'s shares have surged 9.62% and 22.63%, respectively. Also, from the beginning of 2014, the stock has gained 6.53%. The stock is trading above its 200-day moving average of $12.96, while the 200-day moving average is below Vanda Pharmaceuticals Inc.'s 50-day moving average of $14.21. Further, the stock has an RSI of 41.54. The complimentary notes on VNDA can be downloaded as in PDF format at:
Synta Pharmaceuticals Corp.'s stock finished Wednesday's session 0.50% lower at $4.01. A total of 1.20 million shares were traded, which was below its three months average volume of 1.57 million shares. The stock moved between $3.99 and $4.05 during the session. Synta Pharmaceuticals Corp.'s shares have fallen by 0.50% in the last three trading sessions and 6.74% in the previous three months. Additionally, the stock has declined 23.47% since the beginning of 2014. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $4.74 is greater than its 50-day moving average of $4.18. Synta Pharmaceuticals Corp.'s stock has an RSI of 47.01. Register for free on Investor-Edge and access the latest research on SNTA at:
On Wednesday, shares in Halozyme Therapeutics Inc. traded between $9.80 and $10.23 before ending the session 0.10% lower at $9.89. The stock reported a trading volume of 1.17 million shares, below its three months average volume of 1.80 million shares. Halozyme Therapeutics Inc.'s shares have advanced 1.64% in the previous three trading sessions and 23.01% in the last three months. However, the stock has lost 34.02% on YTD basis. The stock is trading above its 50-day moving average of $9.54. Moreover, shares of Halozyme Therapeutics Inc. have an RSI of 56.56. The complete research on HALO is available for free at:
On Wednesday, Isis Pharmaceuticals Inc.'s stock advanced 4.19%, to close the day at $35.84. The stock recorded a trading volume of 1.51 million shares, below its three months average volume of 2.41 million shares. The stock oscillated between $34.38 and $35.85 during the session. Over the last one month and over the past three months, Isis Pharmaceuticals Inc.'s shares have surged 16.25% and 42.85%, respectively. However, the stock has lost 10.04% since the start of this year. The company's shares are trading above their 50-day moving average of $32.29, while the 50-day moving average is below Isis Pharmaceuticals Inc.'s 200-day moving average of $37.77. Additionally, the stock has an RSI of 61.72. Free in depth research on ISIS is available at:
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